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Gujarat RERA to Relax Quarterly Progress Report Requirements

Dated on: Monday 16th September 2024

The Gujarat Real Estate Regulatory Authority (GujRERA) is planning to ease the rules for submitting quarterly progress reports (QPR) for real estate projects. The upcoming changes, expected soon, will remove the automatic quarter lock in case of delayed QPR submissions. Instead, developers will face a daily penalty for late submissions, aiming to improve compliance and ensure better transparency for homebuyers.

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